Chapter 295 Inventory of Assets
The owner of the chain car dealership guarding the door was destined not to get help from Han Chudong, and the other party may feel pitiful, but he just thinks himself.
Compared with a small boss with a thin camel bigger than a horse, there are more low-level residents who have worked diligently and never made mistakes all their lives, but they are old but have nothing to rely on, or they have nothing to support when they are young, and they are more worthy of Han Chudong's concern and are willing to help under the premise of doing their best.
Considering the huge amount of debt, he will most likely care more about philanthropy in the future, but at the moment, he still cares most about his own development.
If you borrow money from a bank loan, but you are burdened with interest and spend it on a business that is destined to not pay back, it is too much of a loss.
Continue to stay in the office and work on documents.
Towards the end of the year, taking advantage of the opportunity of accounting firms and audit firms to jointly issue financial statements for the first three quarters of this year, Han Chudong asked people to conduct a comprehensive review.
At this moment, the summary materials had been handed over to him, and they were packed in a well-sealed document bag, thick and stacked, with five copies and three or four pounds.
The details of the expenses will be handed over to the professional staff, who only need to see the final result.
Sit in an office chair, rest your feet on the surface of your desk, find a comfortable position to look at them one by one, and read the asset investigation report first.
Mango Toys Company is currently valued at $111 trillion, with total sales of nearly $46 million in the first three quarters, and a net profit margin of about 23 points after excluding various expenses.
Baofeng Electric has obtained financing from three companies, and the right to speak is still in the hands of Han Chudong, counting the financing to get a huge amount of money, and the current valuation is almost 140 million US dollars.
The total sales in the first three quarters exceeded 100 million, but the profit margin was only maintained at about five points.
The reason why the valuation is higher than the more profitable Mango Toys Company is mainly due to the calculation of long-term development potential, just like those stocks on the market, but the price-to-earnings ratio of established companies tends to be lower.
Anyway, as long as sales continue to rise, Han Chudong can be satisfied at present, and it is not too late to make money or something until he wins the market, the most important thing at the moment is to crush competitors and continue to seize new markets, which is a common development routine for Internet companies in the future.
Rainbow Beauty's total sales in the second and third quarters were very impressive, and importantly, the margins were still very high.
The revenue of the beauty product itself is nearly 200 million US dollars, excluding the huge marketing investment, the profit margin is 85%, and after the marketing investment is included, it drops to about 40%.
It can be seen how much money Rainbow Beauty has invested in the advertising market, more than 80 million US dollars have been spent, and it can also be seen how much money it makes, and these revenues do not include the profits from the sale of facial mask paper.
Since July, more than 20 million sheets of mask paper have been sold in three months, with a single profit of more than 75 cents, and there is no need to bear the freight, only a little labor cost in the operation link, and the rest is net profit, which can be called a "super money printing machine".
If those rating agencies get these data, the valuation of Rainbow Beauty will most likely continue to soar by hundreds of millions of dollars.
As for the luxury goods companies in Europe, as well as those companies that only invest, they are not included in the statistics, and after a simple calculation with a calculator, Han Chudong found that he should be worth three billion US dollars, and the overall debt ratio is less than 17%.
In this way, it should be ranked second on the rich list, not third, combined with the tradition of people hiding wealth, Han Chudong can't guess the specific situation.
But what has been confirmed is that with such terrifying wealth at the end of 1974, Han Chudong has truly achieved financial freedom, even in the super-rich group, it is one of the best......
If you have a lot of money, you should think more about the long term.
Take the Rockefeller family as an example, the donated Museum of Modern Art in New York alone has a collection of more than 100,000 pieces, and some of the fine works are privately stored.
In Europe, many declining families also relied on the sale of art and land to achieve long-term prosperity, and when they had no money, they took out some of it and sold it, while art and land have been promoted, occasionally sold and sold, and the total wealth has increased.
Han Chudong has long been unable to imagine that he will go bankrupt, even if the Federal Reserve goes bankrupt, he is sure that he will continue to enjoy everything he has now.
For the sake of the safety of asset allocation, we have recently acquired some artworks, and have also acquired a large piece of land in Beverly Hills, an office building in downtown Los Angeles, and a two-story office building on Wall Street.
When the funds are a little more abundant, Baofeng Electric can buy stores and operate themselves, such as Gucci and Hermes, and Rainbow Beauty can also buy stores, but there is no need to worry for the time being, there is no need to waste precious funds on these fixed assets, anyway, the contract has been marked very comprehensively, they are all long-term contracts, and the liquidated damages are amazingly high.
Ordinary people are afraid of settling accounts, but Han Chudong is holding an electronic computer that can no longer display all the numbers, and he is so happy that he can't close his mouth.
He called Arthur's assistant and asked, "The advice of the accountants is to complete the project before the year when there is any money to spend and help me count the projects that can be invested." In addition, did the auction house send me another catalog? There is also a catalog of real estate brokerage companies, and then look at those large islands that are suitable for vacation are being sold, and I want to allocate some assets for vacation, and it will be more convenient to travel after the plane is completed. ”
“…… They're all recorded, I'll help you get the sales pitch. Assistant Arthur replied.
Arthur had never received a call to sell yachts, estates, or Van Gogh paintings, but the gang flocked to Han Chudong to buy these things, and last time someone even called, telling him that there were albino lions and black jaguars for sale, and that they would recommend anything expensive, especially the companies that made yachts, and sent salesmen in turn.
The height is different, and everyone knows that Han Chudong can afford it.
When he got the sales materials sent by various companies and institutions, Han Chudong rummaged through them as if he were looking at the menu, and they were all good things that people would blurt out and say "wow" after seeing them, such as a manor house on the outskirts of Rome, covering an area of more than 4,000 square meters, such as a yacht priced at $10 million, with a swimming pool on the deck, a total length of more than 100 meters, with 16 rooms, and oil paintings by Paul Cézanne, Paul Gauguin and others.
Mostly real estate, all over the world, from the estates of the French kings to the former bedrooms of the kings of France, to the luxury castles of the countryside in England, it is dazzling and dazzling.
In the end, Han Chudong focused on the red wine estate in France......